Location Overview

The British Virgin Islands are a collection of 40 sparsely populated islands in the Eastern Caribbean Sea with beautiful beaches and an efficient infrastructure. The centre of business activity is Tortola, the largest of the islands. The success of the financial sector of the BVI is due almost exclusively to it being the world’s leading jurisdiction for international business companies (IBCs), which are exempt from BVI taxes.

Location: Approximately 60 miles East of Puerto Rico (a 2 hour flight from Miami)

Description: The most notable inhabited Islands are Tortola, Virgin Gorda, Anegada and Jost Van Dyke

Climate: Tropical/Sub-Tropical

Wet season: (Summer) June to November with average temperatures ranging from 29-34°C

Dry season: (Winter) December to May with average temperature ranging from 27-29°C (Winter is the main tourist season)

Government: UK Overseas Territory with a parliamentary government

Currency: US Dollar

Income Tax: Payroll Tax of 8% to 14%. But the first $7,500 is tax exempt

Main Business Centre: Road Town, Tortola - located on the South of the island

Population: Roughly 27,000 of which around 50% are expats

Main Industries: Financial Services and Tourism

Official Language: English

  • British Virgin Islands
  • British Virgin Islands
  • British Virgin Islands